5-bedroom house · RG1 6JA
Listing removedListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rarely available and occupying a generous plot within a sought-after cul-de-sac, this substantial three-bedroom semi-detached home is offered to the market with the significant advantage of a fully self-contained two-bedroom annexe.
Requiring cosmetic modernisation throughout, the property presents an exceptional opportunity for families, those seeking multi-generational living, or investors looking for versatile accommodation with excellent scope to add value.
The main house offers well-balanced accommodation comprising a welcoming living room, a separate dining room, a fitted kitchen and a convenient ground floor cloakroom.
Upstairs, there are three well-proportioned bedrooms, a family bathroom and a separate WC.
The fully self-contained annexe benefits from its own private entrance and comprises a living room, fitted kitchen, two bedrooms and a shower room with WC.
It is ideally suited for dependent relatives, older children, guest accommodation or as a potential rental opportunity, subject to any necessary consents.
Externally, the property benefits from ample driveway parking and occupies a substantial plot with a generous rear garden, offering excellent potential to extend the existing accommodation further, subject to the necessary planning permissions and building regulations.
Properties of this nature are rarely available, combining flexible living accommodation with outstanding potential in a highly desirable residential location, making this an opportunity not to be missed.
Location: Hungerford Drive is a popular and quiet cul de sac just over a mile from Reading Station which is just 25 minutes to London Paddington and less than a mile from Reading West Train Station.
Off Berkeley Avenue which offers direct access the M4 via junction 11 or junction 12 via the Bath Road.
Reading is nestled in the heart of Royal Berkshire offering beautiful riverside walks on the Thames and tow path ambles on the Kennet and Avon canals and with the nearby Berkshire Downs and Chilterns, beautiful countryside is never far away.
Reading offers a rich mix of shops and markets.
In the heart of the town, The Oracle combines chic boutiques, shops and restaurants minutes’ walk there are many high-street favourites including John Lewis and Marks & Spencer.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 34, Hungerford Drive, Berkshire
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